CONSTANCE E. VON MUEHLEN - 12 Aug 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: EVP AND COO
Signature: /s/ Howard Kuppler, by power of attorney
Issuer symbol: ALK
Transactions as of: 12 Aug 2021
Net transactions value: -$1,384
Form type: 4
Filing time: 14 Aug 2024, 17:36:35 UTC
Next filing: 08 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALK	COMMON STOCK	Options Exercise	$0	+180	+38%	$0.000000	650	12 Aug 2024	Held by Spouse	F1
transaction	ALK	COMMON STOCK	Tax liability	$1,384	-40	-6.2%	$34.59	610	12 Aug 2024	Held by Spouse	F2
holding	ALK	COMMON STOCK						16,162	12 Aug 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ALK	RESTRICTED STOCK UNITS	Award	$0	+180		$0.000000	180	12 Aug 2021	COMMON STOCK	180		Held by Spouse	F1, F3
transaction	ALK	RESTRICTED STOCK UNITS	Options Exercise	$0	-180	-100%	$0.000000^*	0	12 Aug 2024	COMMON STOCK	180		Held by Spouse	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
F2	The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
F3	The RSUs vest as to 100% of the units on August 12, 2024